News

SEA named world’s fastest-growing mobile wallet region

The number of active mobile wallets is expected to reach 439.7 million by 2025.

SEA named world’s fastest-growing mobile wallet region

The number of active mobile wallets is expected to reach 439.7 million by 2025.

Taiwan inks 15-year LNG supply deal with Qatar

It will buy 1.25 million tonnes of LNG annually from the company.

Japan eyes 108 GW solar capacity target by 2030

This almost doubles the current target of 64 GW.

MAS, France complete wholesale cross-border payment experiment using CBDC

It simulated cross-border transactions involving multiple CBDCs on a common network.

South Korea mulls normalizing eased rules on banks’ FX derivatives: report

The country relaxed rules in March amidst a severe dollar crunch.

China to hike subsidies for agricultural insurance premiums

Subsidies will be provided to crop-growing farmers who buy full-cost insurance or income insurance.

Outlet digitalization fuels Philippines’ foodservice growth

Consumers will experiment with different dining options as economy recovers.

Citi appoints 5 Singaporeans to senior positions across APAC

This includes the new head of Integrated Corporate Bank for its Taiwan business.

Southeast Asia’s neobank market to grow 50% in 2021

Funding and winding down of the pandemic’s impact on the economy will push this market.

South Korea to decide on Samsung daughters' life insurance shareholder eligibility

The regulator is expected to rule in their favour, sources revealed.

UOB Malaysia appoints new deputy CEO

Ng Wei Wei will retain her current role as head of wholesale banking alongside this promotion.

 Keppel REIT sells 50% stake in first Australian property for A$275m

The firm said this is part of its portfolio optimisation strategy.

Hong Kong intensifies air cargo security

This comes as the International Civil Aviation Organization’s air cargo security policy takes effect.

Goldman Sachs Japan gearing up for move to new Tokyo HQ: report

This is in line with CEO David Solomin’s commitment to return to the office.

Second wave of COVID infections impairs Indian banks’ performance through 2022

Recovery will be more subdued as households prioritize rebuilding their savings.

Grab-Singtel, iFAST apply for Malaysian digital bank license

Bank Negara Malaysia is expected to issue up to five licenses by Q1 2022.